Sunday, August 1, 2010

Bank Nifty

Bank Nifty has formed a rising wedge, break of the channel at 10100 will be highly bearish and can take Bank Nifty 9300 levels. There is negative divergences in RSI and Stochastic is overbought zone, Go short on break of this channel.

Use strict STOP LOSS in each and every trade in this kind of volatile market and Trade at your own risk.

Thanks and Regards

S&P Wealth Creators

0 comments:

Post a Comment

Please leave your comments here...